UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
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| Item 1.02 | Termination of a Material Definitive Agreement. |
On April 30, 2026, Quetta Acquisition Corporation (the “Company”) entered into that certain Release and Discharge of Promissory Notes (the “Release”) with KM Quad, a Cayman Islands exempted company (“KM Quad”).
Pursuant to the Release, KM Quad irrevocably and unconditionally released, canceled and discharged the Company from any and all obligations arising under the following promissory notes previously issued by the Company to KM Quad:
| ● | A promissory note dated November 4, 2024 in the principal amount of $500,000; |
| ● | A promissory note dated February 14, 2025 in the principal amount of $250,000; and |
| ● | A promissory note dated April 20, 2025 in the principal amount of $290,000. |
The aggregate principal amount of the discharged promissory notes was $1,040,000. Under the Release, KM Quad confirmed that no amounts remain due or payable under the promissory notes, including any principal, interest, fees or other amounts.
The Release was entered into in connection with, and as a supplement to, the Termination Agreement previously entered into by the parties on January 15, 2026.
The foregoing description of the Release does not purport to be complete and is qualified in its entirety by reference to the full text of the Release, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
| Item 8.01 | Other Events. |
As a result of the Release described above, the Company no longer has any obligations outstanding under the promissory notes previously issued to KM Quad.
| Exhibit No. | Description | |
| 10.1 | Release and Discharge of Promissory Notes, dated April 30, 2026, by and between Quetta Acquisition Corporation and KM Quad. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| QUETTA ACQUISITION CORPORATION | ||
| By: | /s/ Zihan Chen | |
| Name: | Zihan Chen | |
| Title: | Chief Executive Officer | |
| Date: | May 7, 2026 | |
2
Exhibit 10.1
RELEASE AND DISCHARGE OF PROMISSORY NOTES
This Release and Discharge of Promissory Notes (this “Release”) is entered into as of April 30, 2026, by and between KM Quad, a Cayman Islands exempted company (“Holder”), and Quetta Acquisition Corporation, a Delaware corporation (“Maker”).
RECITALS
WHEREAS, Maker previously issued to the Holder the following promissory notes (collectively, the “Notes”):
| ● | Promissory Note dated November 4, 2024 in the principal amount of $500,000; |
| ● | Promissory Note dated February 14, 2025 in the principal amount of $250,000; and |
| ● | Promissory Note dated April 20, 2025 in the principal amount of $290,000; |
WHEREAS, the parties have entered into a Termination Agreement dated as of January 15, 2026 (the “Termination Agreement”), pursuant to which they agreed to terminate their prior transaction and settle all related obligations;
WHEREAS, in connection with such termination and pursuant to mutual agreement, the Holder has agreed to release and discharge the Notes in full;
1. Release and Discharge
In consideration of the foregoing and the mutual covenants contained in the Termination Agreement, the Holder hereby irrevocably and unconditionally releases, cancels, and discharges the Maker from any and all obligations, liabilities, claims, and indebtedness arising out of or relating to the Notes, including all principal, interest, fees, and any other amounts payable thereunder.
2. Termination of Notes
Each of the Notes is hereby terminated in its entirety and shall be of no further force or effect. The Holder agrees that no amounts are due or payable under the Notes as of the date hereof.
3. No Further Claims
The Holder hereby waives any and all rights to assert any claim against the Maker arising out of or relating to the Notes, and agrees that the Notes are fully satisfied and extinguished.
4. Relation to Termination Agreement
This Release is entered into in connection with, and shall be read as a supplement to, the Termination Agreement. This Release is intended to provide additional certainty with respect to the release and discharge of the Notes specifically, and the terms of this Release shall control with respect to the subject matter hereof. To the extent of any inconsistency between this Release and the Termination Agreement on matters other than the Notes, the terms of the Termination Agreement shall control.
5. Governing Law
This Release shall be governed by and construed in accordance with the laws of the State of New York.
6. Counterparts
This Release may be executed in counterparts, including by electronic signature, each of which shall be deemed an original.
IN WITNESS WHEREOF, the parties have executed this Release as of the date first written above.
| KM QUAD | ||
| By: | ![]() |
|
| Name: | ||
| Title: | Duly Authorized Signatory | |
| QUETTA ACQUISITION CORPORATION | ||
| By: | /s/ Zihan Chen | |
| Name: | Zihan Chen | |
| Title: | CEO | |